redbacks mkt cap went over 5 bill last nite , page-14

Flyboy,
wrt currencies,I did say that,unlike last year,It may not really matter whether the greenback goes up or down.Gold seems to now be in a category of its own.If it is now mainly momentum that is driving it,that raises some concern.Having said that I am still bullish re Au in the short to medium term.Beyond that,who knows?
wrt charts,Im not really into "technical analysis".Looking at a graph of eg US dollar index is an easy way of seeing whats happened over time.I agree that its not predictive but is indicative of what the trend is and has been.As U rightly point out,and especially in these times,fundamentals are critical.I go beyond that however,and maintain that the first thing we should be looking at are the macroeconomics,although as I pointed out above,currencies seem to be not as important now wrt Au as they were last year.